DENVER, Colo., February 27, 2019- (24/7MarketNews via COMTEX)
As the American population edges closer to 400 million people, and just around 4.4% of the world’s population, some new politicians have arrived on the scene, promoting their trillion dollar expense “New Green Deal.” The American Action Forum estimates this plan will cost trillions of dollars but more importantly, would trillions of American tax payer’s money even make a difference in the climate? Where would the money come from? If no one is working, producing, and companies are not making profits.
The U.S. Government already contributes billions to climate change initiatives across the globe, while not having the results that most had hoped for, it still shows considerable dedication to “doing our part” to try to maintain our current climate. Remember we are 4% of the world’s population, and we are attempting to change the weather in a world with more than 7 billion other people.
Innovation and Technology are going to save the planet, and like most of the best advances in the last 100 years, success will come from very smart, visionary entrepreneur’s right here in America. Companies will use new technologies to save money, and help bring down the carbon footprint by using less energy, chemicals, and producing safer goods.
It’s already happening, just look around. Companies like TESLA (NASDAQ:TSLA) and UBER are trying to revolutionize transportation methods, making driving and long commutes a selfless, Zero emissions event. Both companies are working on creating driverless cars, which should relieve the U.S. of a need for gas motorized vehicles. Elon even designed the underground Hyperloop which will run on electricity and when finished is expected to reach speeds of up to 700 miles per hour. Elon is not just the green man because he makes his investors rich; he has also has developed new solar roof tiles, which will save energy consumption for households. Elon Musk is an example of impact capital, money given to him, has a major impact in a good way.
Companies like DuPont have whole divisions dedicated to making products Green and biodegradable making sure they are leading by example in creating a safer living environment for us all.
Small companies like Alltemp, Inc. (OTC:LTMP) are looking to help save the environment by producing a new coolant that is the safest on the market, but could also save large corporations using it 20% or more in energy consumption. Imagine if businesses like Walmart and Costco that have significant square footage adapt this technology? It’s being tested right now in multiple Fortune 500 companies and we hope to see it in the market place soon.
Even Walmart (NYSE:WMT) has taken many green initiatives, including switching to a floor wax that is cheaper and more effective, reducing the amount of chemicals needed to buff the floors.
Even (NASDAQ:AMZN) who the Green New Deal politicians just threw out of New York has a green initiative that aims to stem emissions from the millions of delivered packages each year. Jeff Bezos is also the founder of Blue Origin, the spaceship company, who one day plans to help humanity expand into the universe.
Politicians are best at creating problems and talking points for the sole purpose of appropriating tax money to projects that benefit them or their donors, while capitalist business leaders are forging forward with new ideas and working towards changing the future. The real New Green Deal will be something like the innovation coming from these men.